Funding to Support the Work of the Herefordshire & Gloucestershire Canal Trust
Large sums of money continue to be required by the Trust, principally to secure land for Canal re-construction and restoration.
There are fantastic opportunities to restore various sections of the original canal ahead of us – many of these requiring the acquisition of associated parcels of land – so we have a dedicated and long-established LAND FUND.
Acquiring land along the course of the Canal currently remains one of our most important aims – but it must be remembered that in addition to land acquisition, large sums of money continue to be needed, not least to enable canal construction and restoration works.
Ways you can help:
Fulfilling these priorities is dependent upon access to adequate funding in the form of donations, loans, bequests and grants.
There are several ways to support the H&G CT now and in the future.
Financial Donations – As stated above, large sums of money continue to be needed, principally to enable canal construction and restoration works and financial donations are therefore vital. Because the Trust is a registered charity, additional benefit can be derived through Gift Aid, a UK government scheme which provides additional income and allows donors an income tax rebate, providing they are a relevant tax payer and meet the simple rules of Gift Aid.
Such lifetime gifts to a charity do not count as part of your estate should you be unfortunate enough to die within seven years of making the gift, unlike gifts to individuals or non-charitable bodies.
Current Projects that need funding:
- Malswick Project –following essential work and payment made for the land we now need the money to actually re-excavate the canal channel and restore the towpath.
- Oxenhall No 2 Lock is our next immediate project – a modern day lock starts at £250,000 if all conditions are ideal. From there the canal channel needs to be reinstated across the previously restored aqueduct towards the Newent station site
- Ledbury – once all conditions are met for the new development north of the viaduct we will need funds for building four locks and a new canal channel
- Newent Station site – a major project recently redefined to include a boat lift
We also greatly appreciate donations to the H&G CT’s general funds.
The acquisition of The Travellers Rest pub and restaurant at Newent for £225,000+VAT was only made possible by two further anonymous donations by members: one of £10,000 and the other a short-term interest-free bridging loan of £60,000 pending HMRC’s eventual repayment of the VAT paid on the purchase price.
The Dymock Development required a six figure investment from the H&G CT. This permitted the construction of a new section of canal and also a 3-bedroom detached house for the Trust to let. This, together with index linked annual charges from the other open market properties on the development, will provide long term income for the maintenance and management of the Canal in the area and the H&G CT will receive a share of the open market property sales.
A grant of £20,000 to acquire a much-needed tractor and attachments was secured from the SW Regional Development Agency, Defra and the European Commission, as part of the Rural Development Programme for England.
You can now donate to the Trust on line through the Paypal Payment Portal.
You do not need to have a Paypal account to use this facility unless you wish to make a recurring donation, just choose to pay by debit or credit card.
Please note that payments made through Paypal incur a charge for the Trust, whereas payment by BACS (see below) does not.
Donate by BACS to the Trust
General Donations to the Trust can be made by electronic bank transfer or BACS, which is a simple and secure process that can be arranged using most online banking applications.
Transfers should be made using the following details;
Bank Account No 11600694
Bank Sort Code 16-21-20
Reference – your surname
Alternatively, you might like to consider donating to the H&G CT a monthly sum paid by standing order. The value of these donations is again enhanced as they can similarly be Gift Aided if you are a relevant tax payer. The Land Fund Leaflet includes a bankers order section permitting easy setting up of a standing order arrangement when completed and sent to your bank.
Don’t forget Gift Aid – Gift Aid is an easy way for a UK based tax payer to add value to your donation at no cost to yourself.
This way qualifying donors can boost their donations by 25p of Gift Aid from the government for every pound you give.
More details on Gift Aid can be seen on the UK.GOV website – a Gift Aid declaration form can be downloaded from here.
Donate in Memory
The Trust welcomes opportunities to assist promoting the memory of individuals in response to a donation.
Please get in touch with the Canal Trust Trustees through our Contact Us page.
Remember the H&G CT in your Will
Remember the Herefordshire and Gloucestershire Canal Trust in your Will?
A kind and generous bequest enabled us to purchase Llanthony Lock. Remembering the Trust in your Will would benefit present and future generations.
Have you considered remembering the H&G CT in your Will, please, as a lasting legacy to be used towards the restoration of the H&G Canal into a 34 mile working waterway?
This will be enjoyed for leisure activities by current and future generations of visitors and in the local communities through which it passes, bringing economic and employment benefits to these areas and to the two counties. The course of the Canal runs through some of the most beautiful English countryside which so many more will enjoy from the restored Canal and clearly defined towpath. And, of course, it will connect with the national network of inland waterways unique to this country and enjoyed by so many.
As the H&G CT is a registered charity, your legacy is subtracted from the value of your estate for tax purposes. This reduces the amount of your estate that is chargeable to inheritance tax as well as benefiting the work of the H&G CT. It is recommended that you seek professional advice on your individual circumstances before signing a Will or adding a Codicil to an existing Will in favour of the H&G CT.
More information on bequests and a new legacy guide will be available shortly be available on this website.
Please get in touch with the Canal Trust Trustees through our Contact Us page.
Give whilst you buy !
Herefordshire and Gloucestershire Canal Trust are now registered with Amazon Smile.
When you shop at smile.amazon.co.uk, Amazon will donate a meaningful percentage of the proceeds to the Trust.
Please support us by clicking on the image above when you wish to buy anything from Amazon – to pinch a phrase – every little helps!
We have also registered with Easyfundraising, through which you can raise funds simply by doing your everyday online shopping!
Over 4,000 big name retailers are included, including Amazon, Argos, John Lewis, ASOS, eBay, Boden and M&S.
We want to raise as much as possible so please click on the image above to sign up and help us.
Used Postage Stamps
The trust can raise money from your used postage stamps. Stamps can be handed in at any of our Social Evenings or other organised events, or posted direct to ;
Products, materials and equipment
You might like to consider making a gift to the H&G CT ?
All kinds of items are donated to assist us, including tools and equipment for use on restoration and maintenance of the Canal and adjacent land, and items to assist with fund-raising.
Any offers of appropriate tools, equipment, building materials or anything else that might be of benefit would be hugely welcomed – please do not hesitate to Contact Us.
More on Fundraising…
If you’re not supporting Herefordshire and Gloucestershire Canal Trust yet on #easyfundraising please get involved! You can shop online […]
Easyfunding have just announced that by referring new supporters to the EasyFunding portal, the Trust will receive a £5.00 donation […]
The Trust is most grateful to everyone who has made and is considering a donation, large or small, towards the restoration of the H&G Canal.
If you would like to speak to someone in confidence about a donation please contact our Treasurer through the Contact Us page from this website.